Semiconductors are the lynchpins of the artificial intelligence (AI) revolution. Still, this is just the tip of the iceberg when it comes to semiconductor investment implications.
The importance of chips in today’s AI-dominated investing landscape highlights the utility of ETFs such as the Invesco QQQ Trust (QQQ ) and the Invesco NASDAQ 100 ETF (QQQM ). Those ETFs track the same index, meaning they have the same rosters. Those lineups are chock of semiconductor equities, including Nvidia.
Those are potentially compelling attributes, particularly for investors that want semiconductor exposure while avoiding the task of selecting individual stocks. QQQ and QQQM are certainly useful on that front as the ETFs are homes to slews of chip names.
QQQ Chip Exposure Matters
Data confirm the viability of QQQ and QQQM as avenues to semiconductor investing.
“The global semiconductor industry is expected to reach US$975 billion in annual sales in 2026, a historic peak fueled by an intensifying AI infrastructure boom,” according to Deloitte. “Growth reached 22% in 2025 and is projected to accelerate to 26% in 2026, and even if growth moderates thereafter, annual sales of US$2 trillion seem likely by 2036.”
The status of QQQ and QQQM as cap-weighted ETFs is also pertinent. This puts market participants utilizing these ETFs front-and-center in terms of AI chip access. Importantly, as Deloitte notes, generative AI chips are expected to account for half of global shipments this year.
QQQ/QQQM investors should also consider goings on in the data center space. As 2026 unfolds, QQQ/QQQM investors should also stay abreast of semiconductor companies’ reshoring and vertical integration efforts.
“In 2026 and beyond, chip companies should not only consider expanding the breadth and scope of their operations by establishing more AI fabs or developing new AI chip platforms, but also foster strategic partnerships and make direct investments to build an ecosystem around their fab or chip platforms,” concluded Deloitte.
For more news, information, and analysis, visit the ETF Education Content Hub.
